NCRI Iran News | Economy

NCRI - Iranian regime’s latest budget is roughly $350 billion for the financial year 2018/2019. It is currently most well known for a highly unpopular draft that sparked nationwide anti-regime protests in Iran at the turn of the year.

NCRI - The U.S. dollar’s rise against the Iranian rial has led to serious concerns among different social classes, the middle and low-income ones in particular, says an Iranian regime’s economic expert while pointing to the destructive effects of U.S. dollar appreciation on the country’s economy.

NCRI - The head of the Central Bank of Iran, Valiollah Seif, recently claimed that illegal stakeholders make it hard to reform Iran's economy, but why is the Iranian Regime not attempting to push back against these corrupt networks?

Iran has been besieged by nationwide anti-regime protests that highlighted systematic corruption, amongst other things, as their problem with the Iranian Regime, and as such corruption became a talking point.

NCRI - Several members of Iran’s Supreme Council of Cyberspace have suggested promoting an Iranian version of the instant messaging app Telegram, over fears that it helped to facilitate and spread the nationwide protests that engulfed Iran in January.

NCRI - Pointing to Iranian currency’s free fall, regime’s media are warning that this could lead to an eruption of public discontent, while also revealing that the Rial may drop to 70,000 against the US Dollar.

NCRI - In a joint statement on the workers’ minimum salary in 2018, three workers’ trade union organizations while pointing out that the average expenses of an urban family of 4 in 2016 was about 3.275 million Toman (727$) per month, called for allocation of five million Toman as the minimum monthly wage for workers in 2018.

NCRI - According to Press Club, in an article about the economic relations of France with Iran the French La Dépêche Info site wrote: “The high optimism of French investors fell after the arrival of Donald Trump and the threat of US sanctions.”

NCRI - Iran’s Defence Minister Amir Hatami recently proclaimed that Supreme Leader Ali Khamenei ordered the Regime’s Revolution Guards Corps (IRGC) to curtail its business empire, which made some people hope that there was an end in sight to the IRGC’s stranglehold on the Iranian economy.

NCRI - A board member of the Agriculture Committee of the Iran regime’s parliament said sugar is imported “10 times the required amount” annually into the country and this issue has led to “billions of dollars profits for a few specific persons”.

Jalal Mahmoudzadeh said on Sunday January 28, announcing this issue in an interview with the state-run Tasnim news agency affiliated to terrorist Quds force, saying that “irregular” and excessive import of sugar has caused “damage to sugar beet producers and manufacturing plants" and "billion-dollar profits for certain people”.